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| Definition | A KPI used to measure the level of competitiveness of the organization’s compensation package in relation to the industry standards. |
|---|---|
| Calculation | (Average Salary Offered by the Organization / Average Salary in the Industry) x 100 |
| Unit of Measurement | Percentage |
| Function | Core HR |
| Method of Estimation | Surveying the current industry standards and comparing it with the organization’s compensation package. |
| Timeframe | Annual |
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